Aksh Optifibre Ltd Dividend 2024 : Should Aksh Optifibre Ltd be a part of your dividend portfolio?
Aksh Optifibre Ltd is one of the most popular Technology company in the world with a market capitalisation of ₹164.16Cr. Its share price is ₹9.43 as on 21 November,2024.
The dividend is a percentage of earnings paid out to shareholders. Last year, Aksh Optifibre Ltd gave ₹0.30 for the full year, but should it be a part of your investments that give good dividends?
Key Highlights
Technology stocks do not always pay a dividend but as Aksh Optifibre Ltd pays dividends to reward its shareholders.
In the quarter ending March 2018, Aksh Optifibre Ltd has declared dividend of ₹0.30 - translating a dividend yield of 3.18%.
Let's look at Aksh Optifibre Ltd’s capacity to pay dividends and consider its valuation to determine its virtues as a dividend stock:
Aksh Optifibre Ltd’s revenue were ₹28.61Cr in the quarter ending September 2024. The revenuefell by -57.29% year on year basis since last quarter.
Aksh Optifibre Ltd’s profits were ₹-9.06Cr in the quarter ending September 2024. The profits fell by -83.77% year on year basis since last quarter.
Aksh Optifibre Ltd’s dividend was ₹0.30 in the quarter ending March 2018.
Aksh Optifibre Ltd Dividend related ratios:
Last dividend date: 30/05/2018
Current Dividend Yield: 3.18%
Annual dividend payment: ₹0.30
History of Aksh Optifibre Ltd's Dividend payments
Ex/EFF DATE
TYPE
CASH AMOUNT
DECLARATION DATE
RECORD DATE
12/09/2018
CASH
₹0.30
30/05/2018
16/09/2018
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